7 bedroom apartment to buy

Noulen Quarter, 13 Humberstone Road, Leicester, Leicestershire
By auction

£500,000

Description

For sale by auction on Thursday 14th February 2019 At Birmingham Auction, Aston Villa FC, Holte Suite, Trinity Road, Birmingham, B6 6HE Commencing at 11:30 am

A rare opportunity to purchase a ground floor investment comprising of 7 self-contained apartments located within Leicester City Centre. The Unit has its own private access fronting Humberstone Road which in turn gives access to all 7 apartments. There are a total of six large studio flats and a one bedroom apartment.

Full Property Details

Property Information

The apartments are just being completed and are finished to a high standard throughout. They are situated in a part of the city which is undergoing redevelopment and in a popular letting location. It is well placed for all amenities of the city centre; Leicester Central Train Station, with frequent trains to London St. Pancras, De Montfort University, Leicester University, Art House Cinema and Phoenix Square, Curve Theatre, Cultural Quarter and Highcross Shopping Centre.

A great investment which requires no further capital spending and with potential rental income of £51,000 per annum and 10.2 % yield.

The property is a blend of six studio apartments and one one bedroom with high standard finishes and a convenient location for young professionals and students.

For sale by auction on Thursday 14th February 2019 At Birmingham Auction, Aston Villa FC, Holte Suite, Trinity Road, Birmingham, B6 6HE Commencing at 11:30 am

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30am on the day of the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Further Information

Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.

Viewings

Viewings are to be strictly by appointment only with Fothergill Wyatt on 0116 270 5900. Alternatively, further details can be found on the website and you can register with us at www.fothergillwyatt.com

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.sdlgrahampenny.co.uk/glossary.

Important Notice
These particulars are not an offer or contract, nor part of one. Fothergill Wyatt Ltd. for themselves and for the Vendors of this property, whose agents they are, give notice that:
1. The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers and lessees ought to seek their own professional advice.
2. All descriptions, dimensions, areas, reference to condition and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of FothergillWyatt has any authority to make or give any representations or warranty whatever in relation to this property on behalf of Fothergill Wyatt Ltd., nor enter into any contract on behalf of the Vendor.
4. No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold, let or withdrawn.
All measurements are approximate. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact this office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.

Floorplan
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